Required: Application fee and 5% utility collateral is paid upfront either by the customer or installer. There are three options to choose from in section 1.7 of the CSG portal.
The pricing breakdown is as follows:
- Application Fee: $20/kW AC with a cap of $15,000.
- 5% Utility Held Collateral - an invoice will be sent to the customer or installer within 24 hours of the CSG SREC contract being signed.
- 2.5% additional held collateral - standard on all small & large DG applications and will be deducted from the customer's payment, prior to issuing. This will be held along with the upfront 5% collateral for the 15 year contract term.
- Vendor Fee - Deducted from the customer's payment, prior to issuing. This can be found in the bottom right-hand corner of the SREC calculator provided by CSG. The vendor fee is determined by the kW (AC) size the project.
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